Li Ning (OTCMKTS:LNNGY – Get Free Report) was upgraded by equities research analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research note issued to investors on Monday, Zacks reports.
Li Ning Stock Performance
LNNGY opened at $45.72 on Monday. Li Ning has a 52-week low of $37.49 and a 52-week high of $74.18. The firm’s 50-day moving average price is $41.39 and its 200-day moving average price is $54.93.
About Li Ning
Li Ning Co, Ltd. is a Chinese sporting goods company founded in 1990 by Olympic gymnast Li Ning. The company designs, develops, manufactures and sells sportswear and athletic equipment under the Li-Ning brand.
Its product range includes athletic and lifestyle footwear, apparel and accessories, as well as equipment for sports such as basketball, badminton, table tennis and running. The company also operates the Li-Ning Young children’s sportswear business and has developed additional brands and product lines serving different segments of the sports and fashion markets.
Li Ning primarily serves consumers in mainland China through retail stores, distributors and online channels, while also pursuing international sales and brand development.
Further Reading
- Five stocks we like better than Li Ning
- Can Oil’s Big Rally Deliver Reliable Income? 3 Energy Plays to Watch
- Marriott’s Earnings Beat Shows Why It’s More Than a Bet on Travel Demand
- Franklin Templeton’s New ETFs Turn Stock Dividends Into Bitcoin—What’s the Catch?
- Apple’s Earnings Beat Comes With a Catch for Investors Heading Into the Holidays
Receive News & Ratings for Li Ning Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Li Ning and related companies with MarketBeat.com's FREE daily email newsletter.
